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Bancolombia S.A. is a Colombian financial institution operating in the financial sector, within the banking industry, and is one of the largest financial groups in Latin America.
Founded with the purpose of providing comprehensive banking services to individuals and businesses, the company became a market leader in Colombia and expanded its presence across Central America and the Caribbean.
Its service portfolio includes bank accounts, loans, credit cards, investment products, insurance, asset management, digital banking solutions, and corporate banking services. The company also operates payment platforms, fiduciary services, and specialized financial solutions for large corporations and government entities.
Bancolombia’s international presence spans Colombia, Panama, Guatemala, and El Salvador, operating through subsidiaries such as Banistmo and BAM. This geographical diversification strengthens its regional position and broadens access to multiple customer segments.
Key factors influencing its operations include banking regulations, interest rate fluctuations, regional macroeconomic conditions, financial digitalization, and competition from fintech companies.
To remain competitive, Bancolombia invests in technological innovation, digital transformation, and the expansion of mobile banking and remote service channels.
Its operational structure consists of a broad network of branches, ATMs, corporate offices, and digital platforms, supported by a workforce of tens of thousands of employees.
Bancolombia S.A. shares are traded on the New York Stock Exchange (NYSE) under the ticker CIB.
History and when Bancolombia S.A. was founded
Bancolombia S.A. was founded in 1875 in Colombia, originally as Banco de Colombia, focusing on commercial financing and basic credit operations. Over time, it expanded into a wide range of financial services for consumers and businesses.
Throughout the 20th century, the bank underwent modernization, expanded its service network, and incorporated new technologies. In the 1990s, it adopted the name Bancolombia and strengthened its domestic presence following mergers with other financial institutions.
In 1995, the company conducted its initial public offering (IPO) on the New York Stock Exchange, marking an important milestone for international expansion and capital raising. This enabled increased investment in infrastructure, digitalization, and regional growth.
Between 2000 and 2015, the bank significantly expanded its international operations through the acquisition of Banistmo in Panama and BAM in Guatemala, consolidating its footprint in Central America.
From 2020 to 2024, Bancolombia accelerated its digital transformation, investing in automation, artificial intelligence, open banking solutions, and sustainable finance initiatives, aligning with industry trends and strengthening its position in digital financial services.
Additional Information
The Company Bancolombia SA ADR (United States), is listed on Nasdaq with a market cap of $ 14.49 Billions, having an equity of $ 11.12 Billions.
The Company está listadathe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 6.96 Billions, which generated a profit in the amount of $ 1.79 Billion.
As for its main indicators, the Company has a P/E ratio of 8.11, a P/BV ratio of 1.30 and in the last 12 months the dividend yield of CIB was at 8.56%.
The Company is traded internationally through the ticker CIB.
